Data firm IHS Markit to buy rival Ipreo for $1.86 billion
(Reuters) – Data firm IHS Markit Ltd <INFO.O> said on Monday it will buy smaller rival Ipreo from private equity funds of BlackStone Group LP <BX.N> and Goldman Sachs <GS.N> for $1.86 billion (1.4 billion pounds).
The deal is expected to close in the second half of 2018, subject to regulatory approvals.
(Reporting by Diptendu Lahiri in Bengaluru; Editing by Arun Koyyur)